CLO Deal Onboarding Analyst

Job Description

The Deal Onboarding Management (DOM) team sits within the Data Management & Control Group and is responsible for a variety of tasks including but not exclusive to onboarding CLO deals across a variety of systems and platforms, providing client access to statements, deal audit follow ups and raising of quarterly IPD fees. This team works closely with internal and external teams gathering information to support the deal setup. The DOM team sets up deals to the agreed target operating model and is responsible for flagging issues. DOM will be involved from the deal inception, supporting testing across the various platforms, gathering tax documentation and billing, and other related tasks.

Essential Functions

• Deal Document Oversight - ensuring that information required from clients relating to Deal documents is received and documented correctly in a timely fashion, and escalating any issues to Relationship Management promptly.
• Deal Onboarding - set up of deals across various systems, gathering of tax documentation, fee and extracting data from various sources, working with CLO Relationship Managers to manage deadlines.
• Queries & Escalations - acting as escalation contact for business line queries and requests between the business line and client correspondents, including audit queries, pivot set up queries, swift and alert set up.
• Full ownership, tracking and management of new deal set up across the various stages.
• Ability to work on own initiative and own workflow, tracking all aspects of each stage of the process.
• Participate in Bank projects and UAT testing as required.
• Escalation of issues in a timely manner to management.
• Ability to work on exception clearance.
• Change Management - continuous improvement, efficiency and enhanced controls in DOM processes.
• Ability to develop Co Pilot solutions.
• Ability to work on own initiative to 100% accuracy.
• Understanding of regulations (e.g., CAR, MiFID) and risks attached to the role and when to escalated to avoid potential issues.

Desired Experience & Qualities

• Experience with US Bank systems across deal set up.
• Effective interpersonal, verbal and written communication skills.
• Understanding of importance of timely and correct escalation.
• Ability to create, implement and adhere to controls.
• Working knowledge of Corporate Trust and its products.
• Attention to detail and an inquisitive nature.
• Takes ownership and works to tight deadlines without compromising on quality.
• Flexible and adaptable.

Preferred Skills/Experience

• Bachelor's degree in finance, or equivalent work experience.
• Three to five years of experience in a deal onboarding team.
• Good knowledge of trust and securities operational functions, systems, procedures, products and services.
• Good knowledge and understanding of legal, regulatory and accounting principles which directly affect Wealth Management & Securities Services business lines and clients.

Accessibility

We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.

Total Rewards

U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.

We offer a market competitive compensation package that includes:

• Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
• Performance based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.
• Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness.
• Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
• Employee recognition programs that celebrate achievements and milestones for all.

We regularly review our compensation and benefits to ensure they remain competitive, inclusive, and responsive to employee needs and market trends. Further details of the compensation package will be provided upon application.

Closing Date

Posting may be closed earlier due to high volume of applicants.

We aim to provide timely updates throughout the process and encourage early applications to ensure consideration.